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Sweden fines Nasdaq $9.6 mln over regulatory violations
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Sweden fines Nasdaq $9.6 mln over regulatory violations
Jun 19, 2024 12:12 AM

STOCKHOLM, June 19 (Reuters) - Sweden's financial

supervisory authority has fined Nasdaq Stockholm 100

million Swedish crowns ($9.59 million) for not complying with

bourse rules at several occasions in recent years, the regulator

said in a statement on Wednesday.

"Investigations show that, in conjunction with ... four

company events, there have been deficiencies in how Nasdaq

Stockholm has conducted its trading monitoring, which should

prevent, identify and report insider dealing," it said.

"The investigations also show that Nasdaq Stockholm on

two occasions initiated trading in financial instruments in

violation of the regulatory framework."

($1 = 10.4251 Swedish crowns)

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